March 2006
Hong Kong, China
                         
BASIC INDICATORS
Population (thousands, 2004)  6 845 Rank in world trade, 2004 Exports Imports
GDP (million current US$, 2004)  163 005 Merchandise  11 11
GDP (million current PPP US$, 2004)  210 680 Commercial services 10 20
Current account balance (million US$, 2004)  15 867 Merchandise excluding intra-EU trade 6 6
Trade per capita (US$, 2002-2004)  79 128 Commercial serv. excl. intra-EU trade 5 10
Trade to GDP ratio (2002-2004)   338.4
Annual percentage change
2004   1995-2004 2003 2004
Real GDP (1995=100)   136 3 3 8
Exports of goods and services (volume, 1995=100)   180 7 13 15
Imports of goods and services (volume, 1995=100)   163 6 12 14
                         
TRADE POLICY
WTO accession date 1 January 1995 Contribution to WTO budget (%, 2006) 3.052
Trade Policy Review date 16, 18 December 2002 Import duties collected (%, 2002-2003):
in total tax revenue 0.6
Tariff binding coverage (%, 2000)   45.7 to total merchandise imports 0.0
MFN tariffs Final bound Applied 2004
Simple average of ad-valorem duties Number of:
All goods   0.0   0.0 GATS services sectors with commitments   68
Agricultural goods (AOA)   0.0   0.0 Dispute rulings (complainant - defendant) 0 - 0
Non-agricultural goods   0.0   0.0 Notifications outstanding  (CRN)   4
Non ad-valorem duties (% of total tariff lines)   0.0   0.0 Number of contingency measures in force:
Anti-dumping (30 June 2005) ...
MFN duty free imports Countervailing duties (30 June 2005) ...
Share in total imports, 2004   100.0 Safeguards (3 November 2005)   0
                         
MERCHANDISE TRADE  Value Annual percentage change
2004   1995-2004 2003 2004
Merchandise exports, f.o.b. (million US$)  265 543 5 13 16
Merchandise imports, c.i.f. (million US$)  272 893 4 12 17
2004   2004
Share in world total exports    2.89 Share in world total imports  2.86
Breakdown in economy's total exports Breakdown in economy's total imports
  By main commodity group (ITS)   By main commodity group (ITS)
Agricultural products   1.7 Agricultural products 4.1
Fuels and mining products   1.6 Fuels and mining products 4.2
Manufactures   94.2 Manufactures 91.0
  By main destination   By main origin
1. China   43.0 1. China   43.2
2. United States   16.5 2. Japan   12.1
3. European Union (25)   14.1 3. European Union (25)   8.0
4. Japan   5.2 4. Taipei, Chinese   7.2
5. Korea, Republic of   3.3 5. United States   5.3
                         
COMMERCIAL SERVICES TRADE  Value Annual percentage change
2004   1995-2004   2003 2004
Commercial services exports (million US$)  54 175   5 4 17
Commercial services imports (million US$)  30 016   4 1 15
2004   2004
Share in world total exports   2.49   Share in world total imports 1.41
Breakdown in economy's total exports Breakdown in economy's total imports
  By principal services item   By principal services item
Transportation   31.7   Transportation 26.8
Travel   16.6   Travel 44.2
Other commercial services   51.7   Other commercial services 29.0
                         
INDUSTRIAL PROPERTY 
  Total   Residents Non-residents   Total   Residents Non-residents
Patents granted, 2002  2 176   23  2 153   Marks registered, 2002  16 240 3 561 12 679